So far everyone that has predicted rate drops have been wrong so I wouldn't bank on it. 

As you may be aware, the City of Asheville (about 2/3 of Asheville is in city limits; the rest is under county jurisdiction) has had strict STR regulations in place since 2016.

I see big price range with these (from $200 to over $4k) and wanted to know if you can get a decent one without breaking the bank.

I've also used traditional loans through regional banks and a few SBA loans. 

Bank Financing How did you add value to the deal?

Pricing in DFW probably means you wont live rent free,and will have to pay your fair share of normal rent, but you also get 3 more people contributing to your loan paydown and you get to keep the appreciation.Buy hey...maybe I'm wrong....go talk to a local bank or credit union near where you live and get a term sheet from them for financing. 

And your bank is not requiring any sort of paydown of the mortgage for a partial release. 

That's how the banks do it.

We are not too strapped for cash, but it always seems better to have more in the bank than less.

Its all up to the jurisdictions thats were you start  PERMITS ??